Hi Elendil,
JohnWho is right, that you definitely should try running it in Vista. I have several old utilities that I couldn't live without that run just fine in Vista. The last release date for CueCard 1.5 is 2005, so if you can't run it as is on Vista, try running it in XP SP2 compatible mode. (Right click on the .exe file, click on Properties > Compatibility tab > Compatibility mode.)
As a last resort, you might try contacting the developer.
Here's his website. It doesn't list his e-mail address, but you can find all his contact info at
AboutUs.org.
Hope this helps, and good luck on the exams!